Uptown Blvd FL Partners LLC Acquires Multifamily Property In Altamonte Springs For $114.7M

Uptown Blvd FL Partners LLC has acquired a multifamily property located at 285 Uptown Blvd in Altamonte Springs. The transaction, facilitated by broker Jubeen Vaghefi of Cushman & Wakefield, closed on 07/26/2022. The property consists of 324 units, with a sale price of $114,700,000, resulting in a price per unit of $354,012.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $114,700,000
• Address: 285 Uptown Blvd
• Market: Altamonte Springs

Jubeen Vaghefi of Cushman & Wakefield represented the buyer, Uptown Blvd FL Partners LLC, in this transaction. The seller, Altamonte Associates LLC, completed the deal with the assistance of Jubeen Vaghefi as well.